Lockers

Introduction

Customized lockers as per the requirements of applicants are available at our designated branches. The lockers may be operated during the banking hours of the branch.

Eligibility

Only account holders of Soneri Bank branches are eligible to apply for renting the Safe Deposit Lockers.

Allotment of lockers

A locker of the size of applicant’s choice shall be allotted subject to its availability

Bank’s prescribed License Agreement on Stamped Paper to rent the Locker is required to be submitted by the applicant, with cost thereof payable by the applicant

Key Deposit money as per our Schedule of Charges in force is payable by the renter. The Key Deposit is refundable when the locker is surrendered. In case the key of the locker is lost, the key deposit shall be forfeited

Annual Fee/Rent Locker

All fees for lockers (For details please refer to our Schedule of Charges posted on our web site www.soneribank.com.) are payable in advance for the coming year

Fee for the locker for subsequent year shall be automatically debited to the locker renter’s account on its next renewal dates. It is the sole responsibility of locker renter to make available sufficient balance in the account for recovery of annual rents

Where locker holder’s account reflects insufficient balance on the due dates of locker fees/rent, operation on the locker shall be allowed once the outstanding fee/rent has been paid

In the event of persistent default in payment of locker fee/rent, the bank reserves the right to break open the locker in terms of the terms and conditions governing renting of lockers

Key Lost by locker

In the event that a locker holder reports loss of locker key, it must be done so in writing by him with a request to change the lock by breaking open the locker, which shall be done in the locker renter’s presence